- Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles.
- Company is the largest E-Scooter Manufacturing company in India, with 31% market share in the E2W sector, selling 329,618 scooters in FY24.
- Company is building the Ola Gigafactory for cell production in Tamil Nadu, which started construction in June 2023. Phase 1(a) began operations on March 22, 2024, and reached a production capacity of 1.4 GWh by May 31, 2024. The company plans to increase this to 6.4 GWh by April 2025 and 20 GWh by mid-2026.
- Company is having Book Value Ratio of 6X.
- 𝗜𝗻𝘁𝗿𝗶𝗻𝘀𝗶𝗰 𝗩𝗮𝗹𝘂𝗲 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 186%
Futurecaps creates super multibaggers Bajaj Finance 80X returns, Mazagon Dock 20X returns. Get your free multibagger here https://futurecaps.com/free/?ref=19
Join our Whatsapp Channel for daily stock updates https://chat.whatsapp.com/CXj1mBWUPtL4w0VBIddlRd